UPDATE 1-Electronic Arts revenue dropped in 3rd quarter
SAN FRANCISCO, Jan 30 (Reuters) - Video game publisher Electronic Arts Inc reported lower revenue for the third quarter.
For the three months ended Dec. 31, the company posted net revenue of $922 million, compared with $1.06 billion a year ago. It reported a net loss of $45 million, or 15 cents per share, compared with $205 million, or 62 cents per share a year ago.
Adjusted revenue fell 28.5 percent to $1.18 billion from a year ago, short of analyst estimates of $1.29 billion, according to Thomson-Reuters I/B/E/S.
Shares of Electronic Arts were down slightly at $14.90 in after-hours trading after losing $15.08 on Wednesday.